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CFPB Rural Designation Petition And Correction Act
The Helping Expand Lending Practices in Rural Communities Act () is a United States bill that would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to direct the Consumer Financial Protection Bureau (CFPB) to establish an application process that would allow a person to get their county designated as "rural" for purposes of a federal consumer financial law. One practical effect of having a county designated "rural" is that people can qualify for some types of mortgages by getting them exempted from the CFPB's qualified mortgage rule. The bill was introduced in the United States House of Representatives during the 113th United States Congress. Background The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial industry, financial sector. Its jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andy Barr (U
Garland Hale "Andy" Barr IV (born July 24, 1973) is an American attorney and politician serving as the United States House of Representatives, U.S. representative for Kentucky's 6th congressional district since 2013. A member of the Republican Party (United States), Republican Party, he previously served in the administration of Kentucky Governor Ernie Fletcher, Ernie Fletcher. Barr launched 2026 United States Senate election in Kentucky, a bid for US Senate on April 22, 2025. Early life and education Barr was born in Lexington, Kentucky, the son of Garland Hale Barr III and Rev. Donna R. (Faulconer) Barr.Brammer, "GOP's Barr mulls run for Congress" The Barr family has been in Lexington for generations, and Barr Street in that city is reportedly named for one of Barr's ancestors.Cheves, "Barr says he offers respite from 'career politicians'" His father founded two companies in Lexington, the accounting firm Barr, Anderson and Roberts PLLC, and Merrick Management, Inc, a physician ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payday Lender
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. These loans are typically designed to cover immediate financial needs and are intended to be repaid on the borrower's next payday. The term "payday" in payday loan refers to when a borrower writes a postdated check to the lender for the payday salary, but receives part of that payday sum in immediate cash from the lender. However, in common parlance, the concept also applies regardless of whether repayment of loans is linked to a borrower's payday. The loans are also sometimes referred to as " cash advances", though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Legislation regarding payday loans varies widely between different countries, and in federal systems, between different states or provinces. To prevent usury (unreas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Bills In The 113th United States Congress
The bills of the 113th United States Congress list includes proposed federal laws that were introduced in the 113th United States Congress. This Congress lasted from January 3, 2013, to January 3, 2015. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate. The House and Senate are equal partners in the legislative process—legislation cannot be enacted without the consent of both chambers. The bills listed below are arranged on the basis of which chamber they were first introduced in, and then chronologically by date. Once a bill is approved by one house, it is sent to the other which may pass, reject, or amend it. For the bill to become law, both houses must agree to identical versions of the bill. After passage by both houses, a bill is enrolled and sent to the president for signature or veto. Bills from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conference Of State Bank Supervisors
A conference is a meeting, often lasting a few days, which is organized on a particular subject, or to bring together people who have a common interest. Conferences can be used as a form of group decision-making, although discussion, not always decisions, is the primary purpose of conferences. The term derives from the word ''confer''. History The first known use of "conference" appears in 1527, meaning "a meeting of two or more persons for discussing matters of common concern". It came from the word ''confer'', which means "to compare views or take counsel". However the idea of a conference far predates the word. Arguably, as long as there have been people, there have been meetings and discussions between people. Evidence of ancient forms of conference can be seen in archaeological ruins of common areas where people would gather to discuss shared interests such as "hunting plans, wartime activities, negotiations for peace or the organisation of tribal celebrations". Since t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Association Of Federal Credit Unions
The National Association of Federally-Insured Credit Unions (NAFCU) is a U.S. trade organization representing the nation's federally-insured credit unions. The NAFCU hosts conferences, publishes original research on issues relating to the credit union industry, and provides testimony before the United States Congress on issues relating to credit unions and the financial services industry. The organization was founded in 1967 and is headquartered in Arlington, Virginia. On August 1, 2023, the association's board of directors announced its intent to merge the association with the Credit Union National Association, forming a new entity called America's Credit Unions. The merger took effect in 2024, and NAFCU will operate under the America's Credit Unions banner until operations are integrated with CUNA's in 2025. Advocacy The NAFCU supported the CFPB Rural Designation Petition and Correction Act (H.R. 2672; 113th Congress), a bill that would amend the Dodd–Frank Wall Street Refo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suspension Of The Rules
In United States parliamentary procedure, a suspension of the rules allows a deliberative assembly to set aside its normal rules to do something that it could not do otherwise. However, there are rules that cannot be suspended. Explanation of use Rules are essential to the regularity of the proceedings. They protect the principles of parliamentary procedure—order, the right of individual members and of minorities to be heard, and the right of a majority to carry out its will. For these reasons, members have a right to insist on the observance of the rules. Yet, the assembly may dispense with certain rules. Special rules of order, rules contained in the parliamentary authority, the standing rules of the assembly, and rules of order contained in the bylaws or constitution may be suspended. In addition, the bylaws may provide for a specific rule to be suspended. Depending on the type of rule being suspended, a motion to suspend the rules could be adopted with a two-thirds vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
County (United States)
In the United States, a county or county equivalent is an Administrative division, administrative subdivision of a U.S. state, state or territories of the United States, territory, typically with defined geographic Border, boundaries and some level of governmental authority. The term "county" is used in 48 states, while Louisiana and Alaska have functionally equivalent subdivisions called List of parishes in Louisiana, parishes and List of boroughs and census areas in Alaska, boroughs, respectively. Counties and other local governments in the United States, local governments exist as a matter of U.S. state law, so the specific governmental powers of counties may vary widely between the states, with many providing some level of services to civil townships, Local government in the United States, municipalities, and Unincorporated area#United States, unincorporated areas. Certain municipalities are List of U.S. municipalities in multiple counties, in multiple counties. Some municip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Domain
The public domain (PD) consists of all the creative work to which no Exclusive exclusive intellectual property rights apply. Those rights may have expired, been forfeited, expressly Waiver, waived, or may be inapplicable. Because no one holds the exclusive rights, anyone can legally use or reference those works without permission. As examples, the works of William Shakespeare, Ludwig van Beethoven, Miguel de Cervantes, Zoroaster, Lao Zi, Confucius, Aristotle, L. Frank Baum, Leonardo da Vinci and Georges Méliès are in the public domain either by virtue of their having been created before copyright existed, or by their copyright term having expired. Some works are not covered by a country's copyright laws, and are therefore in the public domain; for example, in the United States, items excluded from copyright include the formulae of Classical mechanics, Newtonian physics and cooking recipes. Other works are actively dedicated by their authors to the public domain (see waiver) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congressional Research Service
The Congressional Research Service (CRS) is a public policy research institute of the United States Congress. Operating within the Library of Congress, it works primarily and directly for members of Congress and their committees and staff on a confidential, nonpartisan basis. CRS is sometimes known as Congress' think tank due to its broad mandate of providing research and analysis on all matters relevant to national policymaking. CRS has roughly 600 employees, who have a wide variety of expertise and disciplines, including lawyers, economists, historians, political scientists, reference librarians, and scientists. In the 2023 fiscal year, it was appropriated a budget of roughly $133.6 million by Congress. Modeled after the Wisconsin Legislative Reference Bureau, CRS was founded during the height of the Progressive Era as part of a broader effort to professionalize the government by providing independent research and information to public officials. Its work was initially ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions” United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
